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Hood 76049
827 Skylark Drive
$43,000
● House - Off Market

827 Skylark Drive

Granbury, TX 76049
bedrooms
2 Beds
bathrooms
0 Bath
square feet
1,000 Ft²
$44,719
RealtyHop Estimate
-0.62%
Since Oct 1, 2023
National-US
Primary Model

About This Property

Fantastic cash flow opportuinty. This 2 bedroom 2 bath home is in relatively good condition. With a few updates, this could be a strong rental income. Two lots, with two storage buildings in good condition. Everything at the property will convey with the sale. No disclosures on file. If you have questions about the property, please send me a text, with your questions and I'll get answers back to you.
Unit Size
1,000 Ft²
Days on Market
-
Land Size
0.27 acres
Price per sqft
$45
Property Type
House
Property Taxes
$10
HOA Dues
-
Year Built
1983

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Cap Rate Calculator

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Cap Rate 100% Occupancy
N/A (extreme outlier)

What does this mean?

Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.

How much can I actually make?

Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.

How is cap rate calculated?

Cap Rate = Net Operating Income (NOI) / Property Asset Value.

When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.

Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.

Last updated: 3 years ago (NTREIS #20396478)

Price History

Date / Event Date Event Price
Sep 8, 2023 Sold
Premium
Sold
Aug 1, 2023 Listed by Home Grown Group Realty, LLC $45,000
Listed by Home Grown Group Realty, LLC

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1983
  • Effective Year Built: 1983
  • Bedroom Count: 0
  • Building Condition: 0
  • Building Quality: 0
  • Construction Type: 0
  • Building Style: 33
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 0
  • Floor Count: 100
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 0
  • Total Building Area: 980
  • Building Area: 980
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 0
  • Heated Square Feet: 980
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Standard Land Use Code: 1006
  • County Land Use Code: A2
  • Mobile Home Indicator: T
  • Legal Description 1: MANUFACTURED HOUSING PERSONAL PROPERTY

Neighborhood

  • School District Name: Granbury Independent School District
  • Census Tract: 160216

Geography

  • Parcel: 81000.000.5247.0
  • Latitude: 32.5011
  • Longitude: -97.8086

    Address

  • Full Address: 827 Skylark Dr
  • Address - House Number: 827
  • Address - Street Name: Skylark
  • Address - Suffix Type: Dr
  • State: TX
  • City Name: Granbury
  • Carrier Code: R014
  • 4-Digit Zip Code: 1265
  • Zip Code: 76049

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $127

    Appraisal Valuation

  • Standard Deviation: 0.2498
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 64
  • Final Value: 69,469
  • High Value: 86,824
  • Low Value: 52,114

    Market Valuation

  • Market Total Value: $22,100
  • Market Improvement Value: $22,100

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $22,100
  • Assessed Improvements Value: $22,100

    Exemptions

  • Senior Citizen Exemption : Yes
  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 15, 1991
  • Current Sale Recording Date: Aug 15, 1991
  • Current Sale Document Type: 27
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Request mortgage information redaction

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Hood

Stats & Trends

Median Asking:

$359,900

Sale Price/ft²

$193

Below Asking

0.03%

Average Days on Market

80

Average Home Size

2114 ft²

Average Home Age

8.4 years

Currently For Sale

691 Listings
Based on RH Advisors, Inc. calculations of home data from MLS and/or public records.

Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 3716 Brook Valley Street, Granbury, TX, 76048

$1,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,064 ft²
3716 Brook Valley Street, Granbury, TX, 76048 Listing by Penelope Pardue
Unit for rent at 4329 Kaywood Drive, Granbury, TX, 76048

$1,300 /mo

  • 2 Beds
  • 2 Baths
  • 784 ft²
4329 Kaywood Drive, Granbury, TX, 76048 Listing by Cecilia Olivo

Rentals Near You

Click here to view more rentals in the neighborhood.
NTREIS

Listed by: Joshua Shelton, Home Grown Group Realty, LLC
Last Updated: 3 years ago
Data Source: NTREIS MLS, MLS# 20396478
Details provided by NTREIS and may not match the public record

Frequently Asked Questions

When was property at 827 Skylark Drive built and last sold?
The property at 827 Skylark Drive was built in 1983 and last sold on Aug 15, 1991 for $0.
How much is this home worth?
The estimated value of the home located at 827 Skylark Drive is $53,285.
What are some comparable homes to 827 Skylark Drive?
There are currently no comparable homes to 827 Skylark Drive.
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